subject
Business, 28.09.2019 02:20 krystalruby1219

If a firm's average total cost is less than price where mr = mc,
a. the firm should cut back on its output to lower its cost.
b. the firm should raise its price.
c. the firm should produce if its price exceeds average variable cost.
d. the firm should shut down.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 13:30, Brendah7145
Yard tools manufactures lawnmowers, weed-trimmers, and chainsaws. its sales mix and unit contribution margin are as follows. sales mix unit contribution margin lawnmowers 20 % $30 weed-trimmers 50 % $20 chainsaws 30 % $40 yard tools has fixed costs of $4,200,000. compute the number of units of each product that yard tools must sell in order to break even under this product mix.
Answers: 3
image
Business, 22.06.2019 03:00, rafa3997
Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.
Answers: 2
image
Business, 22.06.2019 15:30, emilylizbeth12334
For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.
Answers: 1
image
Business, 22.06.2019 16:50, tayveon122
Identify and describe a variety of performance rating scales that can be used in organizations including graphical scales, letter scales, and numeric scales.
Answers: 2
You know the right answer?
If a firm's average total cost is less than price where mr = mc,
a. the firm should cut back...

Questions in other subjects:

Konu
Social Studies, 14.09.2020 01:01
Konu
Mathematics, 14.09.2020 01:01
Konu
Chemistry, 14.09.2020 01:01
Konu
Mathematics, 14.09.2020 01:01
Konu
Mathematics, 14.09.2020 01:01
Konu
Health, 14.09.2020 01:01
Konu
Mathematics, 14.09.2020 01:01
Konu
History, 14.09.2020 01:01
Konu
Mathematics, 14.09.2020 01:01
Konu
Mathematics, 14.09.2020 01:01